Crypto Bettors Give Democrats 51% Odds to Sweep the Midterms
Cryptocurrency-based prediction platform Polymarket now gives Democrats better-than-even odds of sweeping both chambers of Congress in November. Trump's approval ratings are sliding, and gas prices just hit a fresh record.
The odds have moved fast. A Democratic sweep sat at just 26% a year ago and 45% one month ago.
Democrats Gain Ground as Trump's Support Slides
Polymarket's 2026 midterms market, called Balance of Power, puts the odds of a Democratic sweep at 51%. The House looks decided, with Democrats holding 89% odds. The Senate is closer, with Democrats at 51%.
Republicans currently control both chambers of Congress. Elections are set for Nov. 3.
Trump's Approval Rating Drops for A Number of Reasons
The shift tracks Trump's sliding approval. Some surveys put his support as low as 32% to 34%.
A Financial Times and FocalData poll found most Americans say their finances have worsened under Trump. A majority of independents agreed.
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